Monthly wholesale electricity prices in Belgium 2019-2024

Published by Statista Research Department, Nov 18, 2024

In September 2024, the average wholesale electricity price in Belgium stood at approximately 66 euros per megawatt-hour. Electricity prices recorded a steep increase between mid-2021 and August 2022, mainly due to rising natural gas prices, which were aggravated by Russia's invasion of Ukraine.

In 2023, natural gas accounted for almost 21 percent of the country's electricity production.

Average monthly electricity wholesale price in Belgium from January 2019 to September 2024 (in euros per megawatt-hour)

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Release date

November 2024

Region

Belgium

Survey time period

January 2019 to September 2024

Special properties

day-ahead prices

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